How we can anticipate the consequences of actions yet to be taken. Second and third order thinking. Many of us think in the now. We consider the immediate ramifications of a decision and then go ...

Real-Life Examples of Proximate Consequences in Action Imagine this: your child throws a tantrum at the store because they want a toy. If you buy the toy to appease them (immediate positive ...

The classic example in Econ 101 is pollution ... that much of the discussion of guns focuses on their immediate consequences: the everyday murders, the mass shootings, the massacres in schools.